1 Market Lane, Wells-Next-The-Sea, NR23 1HJ is a freehold detached property built before 1900. The property offers approximately 753 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £655,637 , which equates to approximately £870 per square foot. It was last sold on 6 Nov 2023 for £690,000. Since then, the value has decreased by £34,363, representing a 5.0% decrease, or approximately 2.4% per year.

The current estimated value of £655,637 is:

  • 51.8% higher than the average property price on Market Lane
  • 45.9% higher than the average in the NR23 1HJ postcode area
  • and 27.5% higher than the average price for Wells-Next-The-Sea as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 7 July 2023, the property was recorded as owner-occupied.

View sold house prices in NR23 1HJ

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
753 sq ft
Tenure
Freehold
Price (estimate)
£655,637
Price Per sq ft (estimate)
£870
Bedroom Count (estimate)
2 bedrooms

EPC Summary

1 Market Lane, Wells-Next-The-Sea, North Norfolk, Norfolk, NR23 1HJ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 7 Jul 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Jul 2018, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 109.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to boiler and radiators, mains gas, improving energy efficiency from very poor to good.
  • The hot water system was changed from gas multipoint to from main system, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from roof room(s), no insulation (assumed) to pitched, no insulation (assumed), with no change in energy efficiency (very poor).
  • The windows were upgraded from full secondary glazing to fully double glazed.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Granite or whinstone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to NR23 1HJ

2 nd / 10
Price Rank
46% higher than average
8 th / 10
Size Rank
26% smaller than average
1 st / 10
Price Per Sq FT Rank
98% higher than average

Compared to other properties in NR23 1HJ , this house's estimated value ranks 2nd out of 10. Based on price per square foot, it ranks 1st out of 10 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 8th out of 10 properties in its postcode area.

Sale History

Today
£655,637
streetscan.co.uk estimate
-5 %
6 Nov 2023
£690,000
Leasehold
+120.8 %
5 Dec 2018
£312,500
Leasehold

Area Insights

Nearby Properties

rooms:
size: 1098 sq ft
sale price: £374,995
sale date: 12 Feb 2016
rooms:
size: 1098 sq ft
sale price: £359,995
sale date: 11 Dec 2015
rooms:
size: 1572 sq ft
sale price: £686,555
sale date: 21 Dec 2022
rooms: 5
size: 1281 sq ft
sale price: £385,000
sale date: 1 Apr 2015
rooms: 6
size: 1164 sq ft
sale price: £342,500
sale date: 3 Nov 2011

Data Sources

The property at 1 Market Lane, Wells-Next-The-Sea, NR23 1HJ appears two times in the Land Registry records, with the latest transaction recorded on 6 Nov 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jul 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.